Coal Has no Real Future in Southeast Europe

Governments may be looking the other way, but rising carbon prices and stricter EU regulations are sounding the death knell for the region’s lignite fired power plants.

No matter how many coal miners come onto the streets or how many statements governments issue in support of coal, the dirtiest of the fossil fuels is staring into the abyss.

Rapidly increasing carbon prices and stricter EU regulations on air-polluters will make already outdated lignite-fired power plants in the region bankrupt and politically unacceptable over the next decade.

More importantly, green energy alternatives are already economically feasible, and could become a force not only for energy transition but for the transformation of whole economic regions that now depend on coal.

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